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romney is totally debate fit in my opinion. he is in fighting shach after demolishing ten opponents in 20 debates. mr. obama on the other hand, he's a bit doughy, i don't think he's in shape for this. and by the way, just minutes ago, north korea accused the united states of plotting to attack it as a steppingstone to dominate asia and has used the word nuclear war. well, how does president obama plan on handling these nut jobs? let me tell you that wednesday's debate, romney is going to broaden his message to include foreign policy. >>> plus we have a surprise increase in the ism manufacturing report. >>> plus again bernanke defends his debt plan. he's enabling the obama treasury to sell trillions of dollars in deficits. >>> hundreds of mexicans are involved in the fast and furious. this is a terrible story, hundreds of mexicans may be involved. should attorney general holder be fired immediately over this new information? >>> the ism signals no recession, that's good. but is the obama-bernanke qe stimulus plan going to bail o
romney is totally debate fit in my opinion. he is in fighting shach after demolishing ten opponents in 20 debates. mr. obama on the other hand, he's a bit doughy, i don't think he's in shape for this. and by the way, just minutes ago, north korea accused the united states of plotting to attack it as a steppingstone to dominate asia and has used the word nuclear war. well, how does president obama plan on handling these nut jobs? let me tell you that wednesday's debate, romney is going to...
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Oct 8, 2012
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, romney had a great debate night. is it go to bring a bigger turnout? does it help romney? >> it could bring a bigger turnout. i'm a big supporter of governor romney and i want to see him do wm. michigan is a poster child for what washington needs to do. washington is a mess. we've shown in michigan and some of the surrounding states that we know how to balance a budget and pay down liabilities and done tax reform. it's a great comeback story. we did that in a year and a half. there's no reason washington couldn't do the right thing with the right leadership. >> can can i ask one last question. you opposed this going on as a state constitutional right. i get that. where is collective bargaining now? is it good in some places, not good in others? how does it work now, and where would the changes be? >> well, that's one of the things, larry. when they talk about it, they call it collective bargaining proposal. it has it's role and place. i've done it successful twice now with state employee groups and it works well. wha
, romney had a great debate night. is it go to bring a bigger turnout? does it help romney? >> it could bring a bigger turnout. i'm a big supporter of governor romney and i want to see him do wm. michigan is a poster child for what washington needs to do. washington is a mess. we've shown in michigan and some of the surrounding states that we know how to balance a budget and pay down liabilities and done tax reform. it's a great comeback story. we did that in a year and a half. there's no...
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Oct 4, 2012
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the next debate, we will see how governor romney does. but let's be honest, there is no one in the united states that can credibly believe unless they are partisan republican that governor romney's mathematics on his budget work. they do not. there is no one that believes that his criticism of president obama's health care policy worked because they are laughable on it face. you can sit there and talk about his policies, but the reality is the same policies that created the mess the president inherited. >> this is typical democratic spin. democrats have no options but to spin off the last -- 48% of the country agree with mitt romney. president obama is not a popular president. he has not done a good job. hold on, now let me finish, chris. >> is he ahead of can governor romney? >> now let me finish. if you look at the dynamic between the two candidates, there is a reason that president obama couldn't even talk about his own record. what achievements did you hear about a in last night's debate? there were no such achievements. >> i understa
the next debate, we will see how governor romney does. but let's be honest, there is no one in the united states that can credibly believe unless they are partisan republican that governor romney's mathematics on his budget work. they do not. there is no one that believes that his criticism of president obama's health care policy worked because they are laughable on it face. you can sit there and talk about his policies, but the reality is the same policies that created the mess the president...
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Oct 3, 2012
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the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#:
the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm...
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Oct 9, 2012
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on september 11th, it touched me obviously. >> after the debate romney soared over obama. today as president obama bheade to ohio the poll put him two points behind him. >> somebody is cracking down on big bird. he put up a cable tv add. >> big, yellow and a men nnace our economy. >> team obama overflew the mess sake today. i actually think we need a president that talks about saving the economy and jobs and our future. >> with romney ahead among the likely voters and the bigger group of voters, democrats figure more than ever larry, that turnout will determine who wins. >> many thanks to steve. now it seems that president obama has done nothing but defend big bird and call romney a liar on taxes since the debate. it looks to me like it is working in romney's favor. we have ed rendell. >> my signal just died. >> and jennifer ruber and stephen law. jen, i go to you first. really, if you can't cut a little pbs, what can you you cut. this is going to kill obama. >> it drives people back to that debate. rox knee couldn't get a better person to run. and i think they are convinc
on september 11th, it touched me obviously. >> after the debate romney soared over obama. today as president obama bheade to ohio the poll put him two points behind him. >> somebody is cracking down on big bird. he put up a cable tv add. >> big, yellow and a men nnace our economy. >> team obama overflew the mess sake today. i actually think we need a president that talks about saving the economy and jobs and our future. >> with romney ahead among the likely voters...
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mitt romney is a good debater, the president is a good debater. there will be no knockout punch but they'll have to be solid in order to move the ball down the field. >> we saw a clip in the previous segment from fox over the weekend with ryan and the big issue was the details on the tax plan. how much more in terms of details do you expect we'll learn from romney and by the way, are we going to learn any more details in terms of what president obama's planning to do? i'll go to you, morris, with that first in. >> we don't have any details on what the challenger is going to do. governor romney said he'll create 12 million jobs and the president has laid out a vision, put a marker in the ground and does have a track record to run on if you look at what he's been able to do in four years in moving us from the worst economy, almost a depression to where we are now in a recovery moving in the right direction. the devil will be in the details and the governor just can't sit there and say i'll create 12 million new jobs, trust me. >> terry, do you come
mitt romney is a good debater, the president is a good debater. there will be no knockout punch but they'll have to be solid in order to move the ball down the field. >> we saw a clip in the previous segment from fox over the weekend with ryan and the big issue was the details on the tax plan. how much more in terms of details do you expect we'll learn from romney and by the way, are we going to learn any more details in terms of what president obama's planning to do? i'll go to you,...
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romney rally? >> i don't know how much the debate influences the markets overall. i think that for long-term investors like us at "the motley fool" this is a fine time to be an investor. of course we generally think that. we like to add money every month. one of the worst things that happens and a lot of discussion on the macro issues the crisis that come along on wall street and the high-frequency trading that makes people think they have to pay attention on a second-by-second basis. a lot of retail investors have been pushed out of the market or withdrawn their capital. i think that is a big mistake here. i think you want to be in equities, more than ever before over the last ten years if you look at the performance of stocks. i hope retail investors watching this program are thinking about getting more program in the mutual funds, equity and low-cost funds and stocks of businesses they believe in. >> part of the reason for the rally we have been seeing the momentum in the stock market is because
romney rally? >> i don't know how much the debate influences the markets overall. i think that for long-term investors like us at "the motley fool" this is a fine time to be an investor. of course we generally think that. we like to add money every month. one of the worst things that happens and a lot of discussion on the macro issues the crisis that come along on wall street and the high-frequency trading that makes people think they have to pay attention on a second-by-second...
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>> romney has some momentum from the debate. i think the debate is a more powerful political force in the race than the unemployment numbers that came out. we were all talking about those on friday. but you had more than north of 60 million people watching these two guys on wednesday night and you see some momentum, democrats say the gap has narrowed in some states where obama had a lead. he's getting closer in most of the swing states. up two in rasmussen, down three in gallup. and the question is does this week continue that momentum. the vice president debate in the past has been critical for either accelerating or breaking the momentum one way or the other for the party in power. and we saw dick cheney came through twice for president bush, once in 2000 against joe lieberman when they were continuing the progress bush that in the first debate, second time was in breaking the momentum that john kerry had in 2004. and cheney bested john edwards in 2004, that helped him. so we have to see whether paul ryan, who is very smart po
>> romney has some momentum from the debate. i think the debate is a more powerful political force in the race than the unemployment numbers that came out. we were all talking about those on friday. but you had more than north of 60 million people watching these two guys on wednesday night and you see some momentum, democrats say the gap has narrowed in some states where obama had a lead. he's getting closer in most of the swing states. up two in rasmussen, down three in gallup. and the...
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Oct 4, 2012
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but on style, it's clear that romney won this debate. he seemed to be more aggressive, just what he needed to do. and i think obama actually did well on substance but i think he was actually employing something sort of a defense. he wasn't trying to gain. he was just trying to not harm himself. i don't know if that is a good thing or bad thing. romney needed to do something. he did what he needed to do. i don't know if that is enough to win the election. >> there is a lot of debate online about why the president never invoked the 47% video. some speculate maybe he is trying to keep aces in his pocket. did that surprise you? >> well, what surprised me is there is very little talk about the kind of things he seemed to obsess about. the briefous gaffes, videotape. i thought it was a forward looking day for romney who took a lot of time outlining the plan. you have been talking about this. what is really going on with the president tonight? he seemed a little lethargic and slow. i think the word is malaise. this is a president who seems stuc
but on style, it's clear that romney won this debate. he seemed to be more aggressive, just what he needed to do. and i think obama actually did well on substance but i think he was actually employing something sort of a defense. he wasn't trying to gain. he was just trying to not harm himself. i don't know if that is a good thing or bad thing. romney needed to do something. he did what he needed to do. i don't know if that is enough to win the election. >> there is a lot of debate online...
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now about half way into the debate romney gave us a fabulous short idea with this clip. >> you put $90 billion, like 50 years worth of breaks into solar and wind to solyndra and tesla and i had a friend who said you don't just pick winners and losers, you pick the losers. >> tesla on the kindness of the government. that kindness will be over if the white house gets a new occupant. i suggest buying tesla in november. 25s look juicy. both candidates had a lot to say about oil. here's obama. >> the oil industry gets $4 billion a year in corporate welfare. now does anybody think that exxonmobil needs some extra money when they're making money every time you go to the pump? >> you that i exxon would have gotten hit today, right? it rallied 52 cents. some can argue that is because the market senses a romney victory. no way. exxon is just bigger than any president. >> your administration cut the number of permits and licenses in half. if i'm president, i'll double them. >> we aren't going to make money buying federal lands. but if more were opened, it would be a bonanza for the oil service in
now about half way into the debate romney gave us a fabulous short idea with this clip. >> you put $90 billion, like 50 years worth of breaks into solar and wind to solyndra and tesla and i had a friend who said you don't just pick winners and losers, you pick the losers. >> tesla on the kindness of the government. that kindness will be over if the white house gets a new occupant. i suggest buying tesla in november. 25s look juicy. both candidates had a lot to say about oil. here's...
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between today's positive jobs report and romney's ace debate, the dow added 173 points to the plus side for the week. so let's talk. fellas, i want to get to the second story, too, but give me some lightning round stuff. jim you' jim, was there a mitt romney lightning round? >> i think there was a bit of a rally. but that failed from the old bernanke high as couple weeks ago but it lost some steam. >> jim, is will a fed qe3 rally going on. i know we like to talk politics, politics can affect stocks. is the fed pump priming still putting wind behind the stock market? >> absolutely. look, the biggest correlation we can find with the market in anything over the last four years is quantitative easing. now there's a lot of rumors out that qe4 is coming because the fed is worried about the fiscal cliff. so, yes, it's a manipulated market and this is why the market has rallied more than anything else. >> you can't have qe4 because qe3 is in perpetuity. they would just pump more. jim iurio, was there a jobs controversy today with the 7.8 unemployment rate? is it possible some investors think th
between today's positive jobs report and romney's ace debate, the dow added 173 points to the plus side for the week. so let's talk. fellas, i want to get to the second story, too, but give me some lightning round stuff. jim you' jim, was there a mitt romney lightning round? >> i think there was a bit of a rally. but that failed from the old bernanke high as couple weeks ago but it lost some steam. >> jim, is will a fed qe3 rally going on. i know we like to talk politics, politics...
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Oct 2, 2012
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barack obama and mitt romney are ready for their first presidential debate. that will be tomorrow night, 7:00 to 8:00 p.m. polls show a close race. the nation ago average has obama leading romney 49-46. the economy is issue number one and whose plans are better for the middle class. to answer that we are holding our own debate right here on the kudlow report. we are joined by new jersey democratic congressman and jim gillmore to make the case for governor romney. there will be time to talk among your selves at my disgression. the first question is going to congressman big paskrel. 1.3% gdp 25 million people out of the workforce. mr. president, what is your solution to the prosperity and the recovery that continues to elude us? >> over the past 30 months we have had an increase in private sector jobs. but that is the direction we are going in. if you remember what happened before that, when the president raised his hand in january of 2009, we were losing 700 no,000 jobs a month. but the fact of the matter is we are going in the right direction now and we shoul
barack obama and mitt romney are ready for their first presidential debate. that will be tomorrow night, 7:00 to 8:00 p.m. polls show a close race. the nation ago average has obama leading romney 49-46. the economy is issue number one and whose plans are better for the middle class. to answer that we are holding our own debate right here on the kudlow report. we are joined by new jersey democratic congressman and jim gillmore to make the case for governor romney. there will be time to talk...
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>>> mitt romney picking up some needed momentum from his performance at the first presidential debate. president obama attempted to turn back some of that criticism by showing, taking a swing back at the gop challenger. listen to this. >> the man on stage last night, he does not want to be held accountable for the real mitt romney decisions and what he's been saying for the last year. governor romney may dance around his decisions but if you want to be president you owe the american people the truth. >> joining us from washington on the debate fallout is nbc's political director and chief white house correspondent chuck todd. you were there. you talked to a the lo of people afterwards. >> i did. >> what is your best guess what happened. this was a surprise to a lot of people watching in terms of president obama's performance. >> what had the biggest impact on me yesterday, i was at the denver rally, i traveled with him back from denver into madison and obviously his base was enthusiastic, being out there to see him, and i interviewed all these folks asking what they thought of the deb
>>> mitt romney picking up some needed momentum from his performance at the first presidential debate. president obama attempted to turn back some of that criticism by showing, taking a swing back at the gop challenger. listen to this. >> the man on stage last night, he does not want to be held accountable for the real mitt romney decisions and what he's been saying for the last year. governor romney may dance around his decisions but if you want to be president you owe the...
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big debate between the president and his republican challenger, mitt romney. it wasn't that long ago that rick perry was one of the challengers for the republican nomination for president. i asked him what he thinks romney is going to do tonight and how he is going to do in tonight's debate. >> this president has to defend the debt that's being created and i think governor romney's going to do a very good job of one of growth, of one of allowing the states to be more engaged in policies. >> reporter: so, of course, he thinks romney is going to do good tonight. is he partisan, no doubt about that. we'll see how it plays out. >> david, i understand that you're still going to talk to kyle bass in a few minutes. what is top of questions in your mind? >> kyle is a big macro thinker. he also runs a hedge fund that makes stock picks like everybody else. we're also going to talk about, first off, the growing debt world we're going to talk about that and might talk about stock runs in about ten minutes from now. >> all right. thank you very much, david faber. >> "the w
big debate between the president and his republican challenger, mitt romney. it wasn't that long ago that rick perry was one of the challengers for the republican nomination for president. i asked him what he thinks romney is going to do tonight and how he is going to do in tonight's debate. >> this president has to defend the debt that's being created and i think governor romney's going to do a very good job of one of growth, of one of allowing the states to be more engaged in policies....
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romney rose to the occasion in the debates. he was challenged from the right continually in the primaries during the nomination process, and every time he had to win a critical debate, he did. he won the nom noination in the last debate in arizona. if that debate had gone against him, he may well not be the nominee today. he's an experienced debater. he is a very capable person. he's a smart person. he's going to be extremely well prepared. preparation is his mantra. i expect mitt romney to do well tonight. >> gretchen, ultimately who do you think will be controlling this debate and setting the other candidate on the run? >> well, i think president obama does have an advantage here that he's been talking about the same policies and using the same talking points for the past four years. so he has that advantage. his convention speech was a lot like a state of the union speech that we've heard over and over and over again. so romney i think will have to rise to the challenge tonight. he'll be on the stage with the president. he k
romney rose to the occasion in the debates. he was challenged from the right continually in the primaries during the nomination process, and every time he had to win a critical debate, he did. he won the nom noination in the last debate in arizona. if that debate had gone against him, he may well not be the nominee today. he's an experienced debater. he is a very capable person. he's a smart person. he's going to be extremely well prepared. preparation is his mantra. i expect mitt romney to do...
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i think of romney doing well in debate. right. talk about regime change in iran potentially because of the protests. >> that's the big one. >> that's the big one. elections in venezuela this weekend which may be -- >> that could be next week's -- >> next week's big one. three situation wrgs you could see a lot more supply coming on the market no, >> on the crude side we're amply supplied and we're there right now and probably gets bigger next year. there's a lot more coming out of iraq. so, we've had a big insecurity premium in the price of oil for most of this contemporary. $15 to $20. that gets eroded over the next three to four months. >> crude at 89 bucks in november. >> we test into the 80s, low 80s and 70s before it's over. >> how long will that take? >> within the next three to six months. >> wow. >> the problem is, and i don't disagree necessarily, again i don't think it means gasoline prices will go lower as we just discussed. the trade has been, pete's talked about it, we mentioned it a few times, refiners work, vol vola
i think of romney doing well in debate. right. talk about regime change in iran potentially because of the protests. >> that's the big one. >> that's the big one. elections in venezuela this weekend which may be -- >> that could be next week's -- >> next week's big one. three situation wrgs you could see a lot more supply coming on the market no, >> on the crude side we're amply supplied and we're there right now and probably gets bigger next year. there's a lot...
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during the tax debate, romney said the top earners are really small businesses and they should not be taxed more. obama said they're more like donald trump and they should pay more. >> i'm not going to reduce the share of taxes paid by high-income people. high-income people are doing just fine in this economy. they'll do fine whether you are president or i am. >> after the trash talk on donald trump, obama attacked -- >> they're all a bunch of millionaires and billionaires who are small businesses. donned trumps is a small business. i know donald trump doesn't like to think of himself as small anything, but that's how you define small business, if you are getting business income. >> that's the right sound bite. after that sound bite, obama then attacked jet owners saying if you have a private jet you should be taxed more. even romney, he's pretty wealthy himself, he refused to come to the support of the wealthy. skip that sound bite i guess. of course, no one should feel sorry for the rich. let's save our tears for poor big bird. but the debate showed both sides are really trying to d
during the tax debate, romney said the top earners are really small businesses and they should not be taxed more. obama said they're more like donald trump and they should pay more. >> i'm not going to reduce the share of taxes paid by high-income people. high-income people are doing just fine in this economy. they'll do fine whether you are president or i am. >> after the trash talk on donald trump, obama attacked -- >> they're all a bunch of millionaires and billionaires who...
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huffington "post" obviously has a left bent, but it was declaring romney won the debate. ken duberstein will join us, as well. >> i was reading some of your tweets last night, john, and i liked your tweet. i tell you what i took away from the entire debate because i want to let you say it, but i saw what's possible in a life spent without any alcohol. i saw what i could have possibly been -- i saw how i could have possibly been able to talk if i had all the brain cells that i started with. and that was what i came away with. that i just wish in a maybe i had considered that path maybe of being, you negotiation life of sobriety. anyway, what did you think, john? >> well, romney considered that path and he took that path, joe, and he tried to press his case last night. the challenge for him was to come out with the kind of aggression that could score for him while still being respectful for the president. and i think he met that challenge. he was on offense most of the time, put the president back on his heels on his record. and he challenged him directly. i thought the str
huffington "post" obviously has a left bent, but it was declaring romney won the debate. ken duberstein will join us, as well. >> i was reading some of your tweets last night, john, and i liked your tweet. i tell you what i took away from the entire debate because i want to let you say it, but i saw what's possible in a life spent without any alcohol. i saw what i could have possibly been -- i saw how i could have possibly been able to talk if i had all the brain cells that i...
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then on the 16th you got the second obama-romney debate. on the 22nd final obama-romney debate. then the last friday before the election one more jobs number. my own inclination the job numbers aren't quite as "game change"ing for debates as for the reason voters know how they feel about the economy. they don't need a government report. it does get a lot of attention and we got a race that's plainly at this point even though obama still has a slight advantage in the battleground states this race can go either way. >> interesting. then we got the governor, of course, speaking at vmi about foreign policy, an area for which a little while he appeared to want to take the campaign, at least before the debate. how ground moving is this? >> reporter: i don't think it's very ground moving. it's not what people will vote on. for romney it's an effort to press a leadership advantage which may be one of the things that move the numbers for him after the debate. he looks strong on the stage with president obama. he took the fight to obama. obama was a little bit more passive. but ultimately
then on the 16th you got the second obama-romney debate. on the 22nd final obama-romney debate. then the last friday before the election one more jobs number. my own inclination the job numbers aren't quite as "game change"ing for debates as for the reason voters know how they feel about the economy. they don't need a government report. it does get a lot of attention and we got a race that's plainly at this point even though obama still has a slight advantage in the battleground...
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>>> then, we're going to debate what is better for your money, an obama win or a romney win. >>> plus, the one thing that wall street wants to hear at tonight's debate. >>> and later on, american airlines says all the seats are fixed. >>> lots of things coming up at the top of the hour. back to you on "power lunch." >>> the world's top asset managers and investors are meeting today to discuss the economic landscape and how to navigate it. our david faber is with them at the barefoot economic summit in larue, texas. >> i've joined by founder, cio of golden tree house and management. they're in bank loans, they're in bond, distressed investments, private equity structured products. credit is the name of the game when it comes to golden tree. 16 billion-plus in assets. talk about high-yield credit overall. high yield continues to have funds moving in to it. are we towards the end of this bull run? >> we certainly are in the end of the bull run of low default rates. i believe -- i'm not talking a year out. talking a couple years out, i believe you're going to see the underwriting standard
>>> then, we're going to debate what is better for your money, an obama win or a romney win. >>> plus, the one thing that wall street wants to hear at tonight's debate. >>> and later on, american airlines says all the seats are fixed. >>> lots of things coming up at the top of the hour. back to you on "power lunch." >>> the world's top asset managers and investors are meeting today to discuss the economic landscape and how to navigate it....
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breaking news, mitt romney has put meat on the boens nes of hix reform plan. banks should pick up and leave new york all together and we can't wait for tomorrow's debate. we'll have our own debate tonight on the kudlow report. moments away. >> reports after the bell. i tell you
breaking news, mitt romney has put meat on the boens nes of hix reform plan. banks should pick up and leave new york all together and we can't wait for tomorrow's debate. we'll have our own debate tonight on the kudlow report. moments away. >> reports after the bell. i tell you
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Oct 9, 2012
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romney did very well in the tv debate last week. i would just like to see romney be a bit less ashamed of who he is. it's as if he wants to hide from people the fact that he's made lots of money and been successful. i would have thought he should come out all guns blazing, i've been a success in the commercial world, i'm the man that can make the tough decisions that america needs and be more upbeat about himself. >> there are shareholders of bain capital, you're going to benefit from my expertise and knowing how to -- >> why not do that? why not say that? >> absolutely. >> there's something else here, the private equity world is inhabited by limited partners in the state funds. they're the biggest investors for good reason, the returns there are better than what they're getting. >> so pensioners are benefiting, lots of average americans. >> the fact of the matter is, if i give you money and you're going to make me 5%, you're going to charge me 50 basis points, i give you money and you're going to make me 20% and you take 2% which b
romney did very well in the tv debate last week. i would just like to see romney be a bit less ashamed of who he is. it's as if he wants to hide from people the fact that he's made lots of money and been successful. i would have thought he should come out all guns blazing, i've been a success in the commercial world, i'm the man that can make the tough decisions that america needs and be more upbeat about himself. >> there are shareholders of bain capital, you're going to benefit from my...
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what they saw was a fantastic debate performance by governor romney. what they also saw was a contrast between someone and governor romney who understand the fooacts and could relate th to every day people's lives. president obama, it wasn't just that his performance was listless. president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the stock market. a stock you know very well. hewlett-packard. stock has been punished. meg whitman, the new ceo, is coming under fire. here's what she said. >> i'm confident 2013 will be the bottom of the turn around. then you can look forward, i think, to good growth in 2014 and 2015 as those products kick in, the i think vestments we're making in things like i.t., sales, organization, and training. those things will start to kick in. i really think 2014 will be quite a bright year for hp. >> what do you think of what she said? do you have any sympathy for her? >> first o
what they saw was a fantastic debate performance by governor romney. what they also saw was a contrast between someone and governor romney who understand the fooacts and could relate th to every day people's lives. president obama, it wasn't just that his performance was listless. president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the...
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romney and obama facing off last night in their first presidential debate. among the topics they sparred over, revenue. take a listen. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. >> for reaction from the obama campaign, the co-founder and former ceo of car max, austin leggen joins us from richmond, virginia. austin, good morning to you. >> good morning. how are you? >> good. i'd love to get your take on that specific moment which has been cited by many to be one of romney's most coherent, concise arguments for his view of the role of government. you agree? >> well, it may have been quick and a good sound bite, but it's not very coherent or concise. what he says is growth will give you revenue which will give you growth. i mean, what he's
romney and obama facing off last night in their first presidential debate. among the topics they sparred over, revenue. take a listen. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll...
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first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head nothing good deed goes unpunished, if how you characterize the takeover of bear stearns, the federal government for the $10 a shake jpmorgan got not only bear stearns' assets but liabilities, including, authorities say responsibility four some of the most egregious conduct in the financial crisis you churning out residential mortgages by the thousands, bundling them into what the firm told investors were quality securities, knowing all along many of the mortgages were duds a systemic fraud on thousands of investors, the lawsuit says, deceiving them about the fundamentally defecti
first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head...
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the debate seemingly doesn't matter if romney wins or if obama wins. >> that's logical when you think about it. you look at the history of this country. we've had a lot of presidents. a lot of presidents throughout the medicare sector. it really doesn't matter who the president is going to be. hospitals are going to be there. hospitals are the top of the pyramid for the delivery system in this country. so we're going to have hospitals whether it's romney or whether it's obama. 10 we're in a very good position throughout the election and beyond. >> are you the only publicly traded guys really in this sector? >> we are. we're the only ones that focus exclusively on hospital. >> and are there a lot of hospitals left that would want to do a deal with you? do they understand your model and that this could be beneficial for them and for you? >> there are a lot of hospitals there is about a half a trillion dollars of available hospital property out there. >> half a trillion? >> half a trillion. >> so every day you're trolling for new properties? >> we are. the pipeline is huge. we think 2013
the debate seemingly doesn't matter if romney wins or if obama wins. >> that's logical when you think about it. you look at the history of this country. we've had a lot of presidents. a lot of presidents throughout the medicare sector. it really doesn't matter who the president is going to be. hospitals are going to be there. hospitals are the top of the pyramid for the delivery system in this country. so we're going to have hospitals whether it's romney or whether it's obama. 10 we're in...
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. >> they rallied yesterday off the perception that romney won the debates. health care, for instance, hitting at another high here. if we take a look at the etf that tracks health care, xlv, that's the new 52-week high, and the kol is up by 1.25%. the financials seem that will do better under a republican administration. kohl's is interesting, jim, because there are a couple of positive analysts out saying that now with nat gas is $3 and maybe there could be a bid for coal. coal in the east is 4 to 5 is where nat gas has to be competitive. and union pacific is the major player in the way coal is shipped out west. union pacific remains a buy. if you want to buy and be reg rouse about it you can buy union pa sick and not pea body. >> some of the japanese automakers are worth watching. the ft has numbers out. the exports of autos to china in the past month have been sharply lower among japanese automakers. toyota was down 40% year on year in the month of september and we're seeing the adrs trade down a percent. >> take a look overall at asian exports. that char
. >> they rallied yesterday off the perception that romney won the debates. health care, for instance, hitting at another high here. if we take a look at the etf that tracks health care, xlv, that's the new 52-week high, and the kol is up by 1.25%. the financials seem that will do better under a republican administration. kohl's is interesting, jim, because there are a couple of positive analysts out saying that now with nat gas is $3 and maybe there could be a bid for coal. coal in the...
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debates. you can catch it all right here live on cnbc beginning at 8:00 p.m. eastern. i'll be hosting the pre and post coverage along with carl quintanilla. of course, john harwood will also be with us. he's live on the ground in denver. he's here with a preview. over to you, john. >> hey, maria. it's important to remember this election isn't over. if you look at the new polls that we came out with last night and this morning, mitt romney's only trailing by three points nationally. that's down from a five-point margin a couple weeks ago. he's 9/11 florieven in florida,. he still trails in ohio by five points. that's a big problem. he needs to win the state of ohio. that just shows he has an opportunity tonight. three other big economic issues they're going to be talking about, first of all, on taxes. mitt romney hasosed a 20% across the board rate cut for individuals, but he hasn't specified how he's going to pay for that without increasing the deficit or increasing the burden on middle and lo
debates. you can catch it all right here live on cnbc beginning at 8:00 p.m. eastern. i'll be hosting the pre and post coverage along with carl quintanilla. of course, john harwood will also be with us. he's live on the ground in denver. he's here with a preview. over to you, john. >> hey, maria. it's important to remember this election isn't over. if you look at the new polls that we came out with last night and this morning, mitt romney's only trailing by three points nationally. that's...
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and it's very hard, particularly right now with a new administration, possibly a romney administration will do because they've gone back and forth from the far left to almost the middle in the last debate and so maybe what we expect to be an extreme republican position will be a very moderate republican position. we just don't know that yet. we don't know how much is a noise of politicians, sound bites and momentary attempts to appease the crowd on both sides. i don't think that one would make a market forecast based on one's prediction on whether romney comes into president or obama remains in. >> mr. vogel, let's go back here on the expectations of real returns for investors because i think you're talking about something that could be incredibly important. there's been tremendous concern regarding pension funds and their expected rates of returns on a yearly basis of around 8%. some said that's unrealistic. do you believe that's now fair? >> it's ridiculous. it's a numbers game in which the bested interest of the pension managers are to offer high returns and bested interest of the p
and it's very hard, particularly right now with a new administration, possibly a romney administration will do because they've gone back and forth from the far left to almost the middle in the last debate and so maybe what we expect to be an extreme republican position will be a very moderate republican position. we just don't know that yet. we don't know how much is a noise of politicians, sound bites and momentary attempts to appease the crowd on both sides. i don't think that one would make...
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it's going to be a very, very interesting debate, and if you remember florida, mitt romney went into florida, he was not looking good, and he did two debates where he just absolutely crushed it, and it's interesting. i think mitt romney will do very well. i think the president will do very well. it will be very interesting. >> sometimes i wonder about the difference between mitt romney, the man, and mitt romney and the campaign, and his handlers, a lot of consultants around, i think, because people have said on "60 minutes" he was so, seemed so sensible and so smart. i haven't seen him around much for the past three months. >> he's going to get tough and not going to be mitt, he'll have a bad resolution. the fact is, he is a very capable guy, a very smart guy. can he be a very tough guy and he's also got heart. >> when you let the press, when you let the media, donald, define him for three or four months and you never really see him out there, i think that was -- when he's on his own and when you can hear him talk and when they can't cut, "i like to fire people" before he said that i
it's going to be a very, very interesting debate, and if you remember florida, mitt romney went into florida, he was not looking good, and he did two debates where he just absolutely crushed it, and it's interesting. i think mitt romney will do very well. i think the president will do very well. it will be very interesting. >> sometimes i wonder about the difference between mitt romney, the man, and mitt romney and the campaign, and his handlers, a lot of consultants around, i think,...
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next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that
next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that...
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there was an op-ed below mitt romney's and the next battleground in the state labor wars. i will summarize. michigan will have a constitutional state amendment on their ballot in november. to make it jordan sweet, it will really empower unions, so potentially what happened in indiana, right to work state won't happen. my question is, boy, michigan, how well did the unions and the auto industry turn out? think gm bailout. this is shocking to me because the states that seem to be going the other way show so much more economic depth in the recovery. thoughts? >> well, first of all, you're right. the key on this question, though, to look a little bit deeper is that it is really about public employee unions because the private unions are protected by federal law, but what this question is on the ballot is basically saying that the rights of collective bargaining apply to all public employees, so let's take it one step further. what it really means is when it comes to michigan and the state government's ability to say, look, foodservice in the schools will be handled by private
there was an op-ed below mitt romney's and the next battleground in the state labor wars. i will summarize. michigan will have a constitutional state amendment on their ballot in november. to make it jordan sweet, it will really empower unions, so potentially what happened in indiana, right to work state won't happen. my question is, boy, michigan, how well did the unions and the auto industry turn out? think gm bailout. this is shocking to me because the states that seem to be going the other...
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mitt romney came prepared to play, drove to debate. i don't think the president has been talked to like this over the past four years, and i think he was so surprised that romney was just sort of plat out lying, never proposed a 20% tax cut. we've been hearing that a lot. and i think that threw him off his game. it propels all of his campaign into the next debate. mitt romney could have gone down and this race would have been over. now we have a horse race on our hands. >> do you think democrats will hire rob portman for debate preparation? >> the ads in the campaign, so negative, and so nasty. i expected president obama to start bucking about bain capital, 47%. >> never debate on your anniversary, an important lesson. it just doesn't seem to work. the big change, president obama running ads in the swing states about this terrible person mitt romney who wants to eat babies and throw granny in the snow. just terrible. that guy didn't show up. america met a guy with very calm, presidential temperament. as a matter of fact, snis interchan
mitt romney came prepared to play, drove to debate. i don't think the president has been talked to like this over the past four years, and i think he was so surprised that romney was just sort of plat out lying, never proposed a 20% tax cut. we've been hearing that a lot. and i think that threw him off his game. it propels all of his campaign into the next debate. mitt romney could have gone down and this race would have been over. now we have a horse race on our hands. >> do you think...
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romney did his debate prep in denver. when you go to 5,000 feet and you only have a few hours to adjust -- >> that's interesting. >> -- i don't know maybe this is it. >> all right. maybe the altitude. >> what's that? >> i was saying maybe the altitude. al gore was being lighthearted when he was saying maybe that was the challenge, the altitude. >> maybe the altitude is what affected mitt romney's memory. maybe that was the impact on the debate. >> you win the gold. >> it is lighthearted. >> you win the gold. >> it is light hearted. >> stephanie, always great to see you. i appreciate your time. >>> "out front" next we break down mitt romney's key line of the night. it came when he talked about his tax plan. does it add up or not? u.s. special forces are on the ground, collecting intelligence in libya. we have a report from benghazi, coming up. >>> and live report from facebook revealed by mark zuckerberg. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or ma
romney did his debate prep in denver. when you go to 5,000 feet and you only have a few hours to adjust -- >> that's interesting. >> -- i don't know maybe this is it. >> all right. maybe the altitude. >> what's that? >> i was saying maybe the altitude. al gore was being lighthearted when he was saying maybe that was the challenge, the altitude. >> maybe the altitude is what affected mitt romney's memory. maybe that was the impact on the debate. >> you...
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you mentioned governor romney does have some debate right now. the republican base is energized right now, so this is how his campaign views this. paul ryan can continue that momentum or he can do something that chokes off that momentum. >> there was a lot of pressure in 2008 when biden was going against palin and he had to come off as not being condescending, not seeming sort of dismissive of her. it's a very different dynamic. >> yeah. he didn't want to appear patronizing at all during that debate. he had to really watch himself, and he's told me since then that that was sort of the hardest thing for him to do. he doesn't have any of those constraints this time around. paul ryan, chairman of the house budget committee, experienced legislator, i think he's going to take the gloves off. in talking to the biden folks today, one of them said you can expect the vice president to draw a sharp contrast. when the campaign starts talking about sharp contrast, you know that he's going to go on the attack. >> he's pretty -- he's obviously known for off th
you mentioned governor romney does have some debate right now. the republican base is energized right now, so this is how his campaign views this. paul ryan can continue that momentum or he can do something that chokes off that momentum. >> there was a lot of pressure in 2008 when biden was going against palin and he had to come off as not being condescending, not seeming sort of dismissive of her. it's a very different dynamic. >> yeah. he didn't want to appear patronizing at all...
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did he not watch those debates? has he never seen mitt romney debate? >> i think that is a very good question, piers, because you would think that in talking about the preparation, you would take a look at all of the debates and actually, the one with newt gingrich is the one that i think they needed to take a look at, because that's where he eviscerated the speaker, and he did it by telling the blatant lies that newt gingrich actually talked about the next day. so he should have been prepared for those kinds of attacks. he should not have looked surprised and he should have been much more deft at not just defending his own record and talking about where we have been and what he has done to shore up the middle class and what he will continue to do, but he should have absolutely brought up the 47%, his offshoring, the fact that mitt romney does not want to come clean on his income taxes and i think that would have been a much different debate. >> i can see that crystal is jumping in there. unfortunately, you can't do it just yet. we have to have a commer
did he not watch those debates? has he never seen mitt romney debate? >> i think that is a very good question, piers, because you would think that in talking about the preparation, you would take a look at all of the debates and actually, the one with newt gingrich is the one that i think they needed to take a look at, because that's where he eviscerated the speaker, and he did it by telling the blatant lies that newt gingrich actually talked about the next day. so he should have been...
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if we see the mitt romney as we saw in the last two debates, we will see an able candidate. >>> the annual event aims to bring people together to pray for members of the judiciary before they hear cases. some say it mixes religion and government. and there may be hot-button issues like affirmative action and same-sex marriage. the justices went their separate ways after the controversial health care ruling in june, and joe johns looks how the rooting may have affected the justices. >> they beginning of the new session the supreme court will be watched for signs of strain between the justices or anything else suggesting things may have changed since the health care ruling which was the biggest ruling in the court since bush versus gore a decade ago. after the supreme court judge, john roberts joked to colleagues that he would find an island to escape the heat. >> the charm has been more than usually taxing, and some have called it the term of the century. >> three months later the court is back and there are no signs of it cooling down. >> the justices are moving from the frying pan into th
if we see the mitt romney as we saw in the last two debates, we will see an able candidate. >>> the annual event aims to bring people together to pray for members of the judiciary before they hear cases. some say it mixes religion and government. and there may be hot-button issues like affirmative action and same-sex marriage. the justices went their separate ways after the controversial health care ruling in june, and joe johns looks how the rooting may have affected the justices....
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ahead of the debate. >> we expect it all night long, govern romney will have a good night. >> he is an experienced debater, and this is mitt's first time on this kind of a stage. >> ryan's words echoed a word from meyers haorbgs said the president was widely regarded as one of the most political communicators in modern history. there's a 25-point advantage for obama on who voters think will win the debates. the obama camp likes to remind that he doesn't have enough time to prepare for the debates because he is busy being chief. >> quite a few have lost an election with a debate. so it can matter. >> these match-ups can produce memorable lines. like in 1980, between ronald reagan and president carter. and lloyd benson's swipe at quail. >> jack kennedy was a friend of mine. senator, you are no jack kennedy. >> and then the moments that seemed to say more, like wh bush looking at his watch. and rick perry's oops remark. and romney's wager, and obama's comment to then-rival hilary. >> he's got two tough competing goals, to be likeable and layout a contrast. it's hard to be likeable when
ahead of the debate. >> we expect it all night long, govern romney will have a good night. >> he is an experienced debater, and this is mitt's first time on this kind of a stage. >> ryan's words echoed a word from meyers haorbgs said the president was widely regarded as one of the most political communicators in modern history. there's a 25-point advantage for obama on who voters think will win the debates. the obama camp likes to remind that he doesn't have enough time to...
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universally we were said, look, romney won the debate. no question about it. what are the republicans saying? money is coming in and enthusiasm on the ground when people are saying will you come and register voters than they were 24 hours ago. this helps romney with the base, republican energy, grass roots effort and republican money. one wha are the democrats saying? they say the president better show up next time and hopes his staff takes him in the room and say you need to care about this, you need to be passionate. you need to call governor romney when he leaves you openings and you need to show people you care and want to be there. wolf, here's the key question, we know what will give republicans energy, but also going into the debate romney was down a handful in florida, handful or more in virginia, handful or more in ohio where you just showed the president moments ago in wisconsin. come to the electoral map, this is the big question. first of three debates, gives republicans energy at a time many of them were beginning to worry about the top of the tic
universally we were said, look, romney won the debate. no question about it. what are the republicans saying? money is coming in and enthusiasm on the ground when people are saying will you come and register voters than they were 24 hours ago. this helps romney with the base, republican energy, grass roots effort and republican money. one wha are the democrats saying? they say the president better show up next time and hopes his staff takes him in the room and say you need to care about this,...
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>> no, no, governor romney's a good debater. i'm just okay. >> president obama talking about zingers and trying to manage expectations for the debate. charles and ross are back to talk about whether that's a good strategy. i have a poll here about who's likely to win the debate and very clearly, people think that obama will, 55% to 31%. yet, i would say that the favorite really ought to be mitt romney, purely because he spent most of the year debating against very good debaters like newt gingrich and rick santorum and others. they were very capable opponents on a debate stage. barack obama hasn't done this for four years. so i would think the advantage would definitely be with the apparent underdog, a, because people don't think he's going to win and i think he may well win that first debate and secondly, because he's the more experienced debater. >> well, i think i would caution you a little bit. i think the president, when he has given kind of press interviews, that is a form of being pressed on things so maybe you're not deba
>> no, no, governor romney's a good debater. i'm just okay. >> president obama talking about zingers and trying to manage expectations for the debate. charles and ross are back to talk about whether that's a good strategy. i have a poll here about who's likely to win the debate and very clearly, people think that obama will, 55% to 31%. yet, i would say that the favorite really ought to be mitt romney, purely because he spent most of the year debating against very good debaters like...
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romney did well in the debate. i will admit that, i give him a b-plus on style, but i give him a d-minus on substance and truthfulness. >> you know, why -- >> he did not tell the truth. >> president obama didn't challenge him on the stage, which i think probably is what a lot of democrats think the problem was. let me ask you about ohio's job. as you know, both of you know, ohio's unemployment rate is lower than the national average. it was 5.4%, governor, when you took office. it hit its high point in 2010. ten points now it's down. by 7.2%. now, i want to just play you what governor kasik, a republican, said at the rnc. >> we've made real progress in ohio in restoring confidence because that's what so much of life is about. we are setting people free in order to build success, but we need a new partner in washington. this relationship is just not working. it is holding us back. >> so governor, first to you. who is responsible for the good economy, or relatively good economy in ohio? >> thank you for playing that
romney did well in the debate. i will admit that, i give him a b-plus on style, but i give him a d-minus on substance and truthfulness. >> you know, why -- >> he did not tell the truth. >> president obama didn't challenge him on the stage, which i think probably is what a lot of democrats think the problem was. let me ask you about ohio's job. as you know, both of you know, ohio's unemployment rate is lower than the national average. it was 5.4%, governor, when you took...
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/orc poll, 67% of debate watchers think romney won that debate. just 25% think the president was the winner. cnn's dana bash here to break it all down for us. so much to talk about. >> but it all comes down to rusty president obama and a very well-rehearsed mitt romney. right out of the gate, it was clear. mitt romney came to play. >> the president has a view very similar to the view he had when he ran four years ago. that a bigger government, spending more, taxing more, regulating more, if you will, trickle-down government, would work. >> reporter: president obama sounded a familiar alarm, warning of romney's "been there, done that" economics. >> the approach that governor romney is talking about is the same sales pitch that was made in 2001 and 2003. and we ended up with the slowest job growth in 50 years. >> reporter: but whether it was health care, jobs, or medicare, it was romney who stood out for his aggressive style. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment
/orc poll, 67% of debate watchers think romney won that debate. just 25% think the president was the winner. cnn's dana bash here to break it all down for us. so much to talk about. >> but it all comes down to rusty president obama and a very well-rehearsed mitt romney. right out of the gate, it was clear. mitt romney came to play. >> the president has a view very similar to the view he had when he ran four years ago. that a bigger government, spending more, taxing more, regulating...